There is another, less favourable, narrative on the African economy. Africa’s recent growth has not yet transformed its economic structure in a way that can support stable, quality jobs for the majority. Export revenues are still too reliant on natural resources: three quarters of sub-Saharan African countries draw half of their import revenues from primary products and depend on the global market for their industrial goods. forumblog.org/2014/05/worlds-wealthiest-investors-wake-forum-africa-2014/
Posted on: Tue, 12 Aug 2014 06:00:02 +0000
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